Executive Compensation Lead Consultant

Posted 8 Days Ago
Be an Early Applicant
Hiring Remotely in IL
Remote
86K-153K Annually
Senior level
Insurance
The Role
The Executive Compensation Lead Consultant manages executive compensation initiatives, including research, analysis, and implementation of compensation programs, ensuring timely and quality project delivery.
Summary Generated by Built In

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

The Executive Compensation Lead Consultant manages the delivery of core executive compensation initiatives to internal clients by applying professional judgment, knowledge and a broad perspective. The individual is responsible for the research, analysis, implementation, and administration of key compensation programs of the Company (e.g., annual incentive program, long-term incentive program, expatriate pay, investments compensation, etc.).
In addition, the individual will assist in leading the development and implementation of innovative and competitive executive pay solutions that support the Company & strategic objectives and shareholders’ interests. This includes project planning, execution, timing, functionality, quality, communication and cost.

Key Responsibilities 

  • Workday (“WD”) Configuration Lead.​
  • Workday integration with incentive processes and programs (including payroll)​, including Annual Comp Planning design/setup/administration in Workday Advanced Comp Module and total compensation statements.​
  • Consult with stakeholders to identify challenges explore opportunities and drive decision making for exec comp products.​
  • Annual Incentive program management including leading monthly Accrual files for Finance and respective business unit Finance teams​.
  • Executive Perquisite program responsibility including WD administration, audits.​
  • Develop effective relationships with Accounting, Finance, HR, legal and other stakeholders such that the impact of proposed changes to executive compensation programs are fully understood and articulated to Senior Management in advance.
  • Deliver high quality projects on time and budget in a high paced environment.
  • Manage less complex projects covering key areas of executive compensation including changes to regulatory provisions, employee communication regarding executive and incentive compensation programs, analyzing effectiveness of current incentive plans, ad-hoc report and analysis requests.

Education

  • 4-year bachelor’s degree. (Preferred)

Experience

  • 5 or more years of experience (Preferred).
  • Proven WD experience with Adv Comp module; including design/setup/administration of Adv Comp required. ​
  • Strong attention to detail, ability to work autonomously and partner across key teams as needed. ​
  • Effective written and verbal communication internally, connecting key stakeholders and cross functional. teams involved with annual comp planning (consulting skills)​.
  • Design & administration of incentive programs preferred.

Supervisory Responsibilities

  • This job does not have supervisory duties.

Education & Experience (in lieu)

  • In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Skills

Compensation Programs, Executive Compensation, Incentive Compensation, Microsoft Excel, Workday Advanced Compensation, Workday Integration

Compensation

Compensation offered for this role is $85,600.00 - 152,650.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.  

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live. 

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

Top Skills

Excel
Workday Advanced Compensation
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Northbrook, IL
57,671 Employees
Hybrid Workplace
Year Founded: 1931

What We Do

At Allstate, we're advocates for peace of mind and a good life. And that comes through in everything we do.

From building diverse and innovative teams that truly understand our customers' needs, to challenging each other to develop our careers in a meaningful way, and finally to the incredible results we're able to achieve together.

See how we’re creating a better future through innovation, advocacy, and empowering people and communities

Similar Jobs

Dropbox Logo Dropbox

Director, Treasury

Artificial Intelligence • Cloud • Consumer Web • Productivity • Software • App development • Data Privacy
Remote
United States
2500 Employees
211K-286K Annually
Remote
USA
3700 Employees
Remote
USA
3700 Employees
70K-90K

Coinbase Logo Coinbase

Associate, Financial Crimes Controls Governance & Assessments

Cloud • Fintech • Cryptocurrency • NFT • Web3
Remote
USA
3700 Employees
99K-117K Annually

Similar Companies Hiring

Flume Health Thumbnail
Software • Insurance • Healthtech
US
22 Employees
Spark Advisors Thumbnail
Software • Sales • Other • Insurance • Healthtech
New York, NY
89 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account